Ingeteam Ties up with MYSUN to Bring Affordable and High Quality Rooftop Solar Solutions in India

INGETEAMto supply its European small-sized single-phase inverters to MYSUN in the retail rooftop segment, which will be a part of the MYSUN solar kit.

MYSUN portal to be the online portal to sell INGETEAM’s stringinverters in the Indian market.

New Delhi, November XX, 2017:, INGETEAM, a global company specialising in power and control electronics and MYSUN, India’s leading rooftop solar platform focused on providing end to end solar solutions today announced a strategic partnership to make rooftop solar accessible to every home in India.

The companies have announced a strategic partnership that will see MYSUN use the single-phase and three-phasestring inverters from INGETEAM as part of their retail solar solutions package. This solar kit will be available on the MYSUN web platform at www.itsmysun.com. This partnership will ensure availability of high quality premium European inverters at a very competitive cost for the Indian market and it also strengthens the belief that MYSUN has strongly propagated retailing solar kits.

INGETEAM develops its solar inverters at a global scale, always seeking to optimise energy consumption and to maximiseenergy generation, also covering energy transport and distribution. The company operates throughout the world, with a workforce of around 3,900 people.

Mr. S.P.Singh,Director of Ingeteam India, added that “this is a fantastic opportunity for INGETEAM and MYSUN together to change the landscape of solar in India. In MYSUN, we have now found a fantastic partner who not just understands and knows the rooftop solar segment in India very well, but also is quickly becoming a household name in terms of a reliable brand. We hope to support them with our technical solutions and know-how.”

Speaking on the occasion, Mr.Ashit Maru, co-founder of MYSUN, commented that “we are delighted to join hands with a global player like INGETEAM and are really excited about the potential of this partnership. Inverter being such a key component of a solar system, we truly believe this will prove to be an important part of the journey towards solar retails as it will let us meet the demands of the customer in the most fair and economical fashion and offer technically advanced solar products to the Indian consumers”.

Together, INGETEAM and MYSUN also plan to take remote monitoring, a key component of solar operations andmaintenance to an exciting new level, which would ensure longevity to the system’s life expectancy.

About Ingeteam

Ingeteam is a leading company specialising in the design of power and control electronics (frequency converters, process automation and control systems), electrical machines (generators and motors), electrical engineering and generating plants. To date, Ingeteam has supplied 49 GW in power converters for renewable energy plants and is amongst the TOP 10 companies dedicated to the operation and maintenance of renewable plants, with a portfolio of more than 12 GW.

The company operates in all continents, and has a headcount of around 3,900 employees around the world. Ingeteam invests 5% of its annual turnover in R&D, which is the backbone of the company’s business activity.

About MYSUN

MYSUN is an innovative technology backed rooftop solar solutions and services company. It caters to energy consumers across residential, commercial, industrial and institutional buildings. Offering a pioneering customer experience and redefining the way solar energy systems are bought and sold in India, MYSUN utilizes the latest technology to assure a high quality performing solar system. Its unique online platform www.itsmysun.com caters to thousands of energy consumers every day across the country enabling their respective solar journeys. MYSUN’s in-house team of solar experts, proprietary advanced tools such as the Rooftop Savings Calculator, Site Survey App, Project Monitoring App puts the power to choose the best solar systems in the hands of the consumers. Moreover, the company is the first and the only company to offer a unique service package MYSUN Assured™, a 25-Year Service Promise to all its customers.

The company further aids buying solar systems through its financial offering MYSUN FlexiPay™, which allows customers flexible options to pay for their solar systems over a longer tenure. Established in 2016, MYSUN has several live projects in parts of Delhi/ NCR, Uttar Pradesh, Haryana, Punjab and Rajasthan already and is rapidly expanding its presence across India.